General Dynamics (NYSE: GD) president exercises options, withholds shares for taxes
Rhea-AI Filing Summary
GENERAL DYNAMICS CORP President and director Danny Deep reported multiple option-related transactions on 2026-08-14. He exercised stock options covering 33,600 shares of common stock at exercise prices of $167.61 and $165.47 per share from grants that became exercisable in 2021–2023. In connection with these exercises, a total of 22,903 shares of common stock were delivered or withheld at prices around $395 per share for payment of exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,697 shares
Net Buy
6 txns
Insider
Deep Danny
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F1 | 8,530 | $0.00 | $0.00 |
| Exercise | Stock Options F2 | 25,070 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,530 | $167.61 | $1.43M |
| Exercise Price or Tax Liability | Common Stock | 5,833 | $395.05 | $2.30M |
| Exercise | Common Stock | 25,070 | $165.47 | $4.15M |
| Exercise Price or Tax Liability | Common Stock | 17,070 | $395.065 | $6.74M |
Holdings After Transaction:
Stock Options — 0 shares (Direct);
Common Stock — 48,244.58 shares (Direct)
Footnotes (2)
- F1. Fifty percent became exercisable on 03/06/2021, and the remaining fifty percent became exercisable on 03/06/2022.
- F2. Fifty percent became exercisable on 03/04/2022, and the remaining fifty percent became exercisable on 03/04/2023.
Key Figures
Options Exercised (Shares): 33,600 shares
Option Exercise Price 1: $167.61 per share
Option Exercise Price 2: $165.47 per share
+5 more
8 metrics
Options Exercised (Shares)
33,600 shares
Total underlying common shares from code M derivative exercises on 2026-08-14
Option Exercise Price 1
$167.61 per share
Conversion or exercise price for 8,530 underlying shares of common stock
Option Exercise Price 2
$165.47 per share
Conversion or exercise price for 25,070 underlying shares of common stock
Shares Delivered/Withheld for Exercise Price or Tax
22,903 shares
Total common shares in code F transactions for exercise price or tax liability
Code F Disposition Price 1
$395.05 per share
Price for 5,833 common shares delivered or withheld under code F
Code F Disposition Price 2
$395.065 per share
Price for 17,070 common shares delivered or withheld under code F
Option Expiration 1
2029-03-05
Expiration date for the 8,530-share stock option grant
Option Expiration 2
2030-03-03
Expiration date for the 25,070-share stock option grant
Key Terms
Stock Options, derivative security, Payment of exercise price or tax liability by delivering or withholding securities
3 terms
Stock Options financial
"security_title: "Stock Options""
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering""
FAQ
What insider transactions did GENERAL DYNAMICS (GD) President Danny Deep report on this Form 4?
Danny Deep reported option exercises for 33,600 shares of GENERAL DYNAMICS common stock on 2026-08-14 and related dispositions of 22,903 shares to pay exercise price or tax liability, reflecting routine equity compensation activity rather than open-market buying or selling.
How many stock options did Danny Deep exercise in the latest GD Form 4 filing?
He exercised stock options covering a total of 33,600 shares of GENERAL DYNAMICS common stock. These came from two option grants for 8,530 and 25,070 underlying shares that had become exercisable in stages between 2021 and 2023, according to the footnotes.
Were Danny Deep’s GENERAL DYNAMICS (GD) transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows code M option exercises acquiring common stock and code F dispositions where shares were delivered or withheld solely for payment of exercise price or tax liability, not ordinary trading activity.
What do the footnotes in Danny Deep’s GD Form 4 say about the option vesting?
The footnotes state that for one grant, fifty percent became exercisable on 03/06/2021 and the remainder on 03/06/2022. For the other, fifty percent became exercisable on 03/04/2022 and the remainder on 03/04/2023, clarifying the vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
